This workshop is being held in the context of the Goethe University Visiting Professorship of Financial History, which is currently held by GloCoBank PI Catherine Schenk, and is jointly organised by the Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt, and the Institute for Banking and Financial History, Frankfurt.
The workshop will reflect on banking and financial conditions as the world emerges from the pandemic and enters a new geopolitical era in Europe. At the start of the pandemic, serious dislocation in global money markets was averted partly through central bank cooperation. Banks in many countries were then tasked with allocating funds to nurse economies through the cessation of economic activity. The recovery has been uneven and shows evidence of new strains caused by supply shocks, inflation and challenges in reorienting monetary policy. Military aggression from Russia in the Ukraine prompted sanctions focused on the global payments system. How have banking and finance coped with previous periods of crisis and recovery? See full details
The workshop includes a paper by GloCoBank researcher Marco Molteni on his research into correspondent banking relations during the 1907 panic.
